Quick Take Aug. 5 was marked by significant global volatility, with the VIX soaring above 60 and Bitcoin experiencing dramatic price swings, dropping to $49,000 before rebounding to $55,000. By the end of the day, Bitcoin recorded $28 billion in spot volume, the highest since the FTX collapse in November 2022. Bybit led the exchanges […]
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Volatile day for Bitcoin sees record $28 billion spot volume, highest since FTX collapse